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CNBC 39
KCSMMHZ 21
KCSM (PBS) 19
LINKTV 19
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CSPAN 4
KICU 3
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Search Results 0 to 49 of about 120 (some duplicates have been removed)
WHUT
Jan 28, 2013 8:30am EST
>> right now, the european union is in distress. what would a failed euro mean for the e.u. or for its largest trading partner, the u.s.? >> the '08/'09 financial panic/crash/great recession put tremendous economic financial pressure on the entire global economy, including europe. >> in the same way in which the collapse of lehman implied global shocks, a dissolve in the situation of the eurozone is going to impact the united states. >> while everyone is telling the germans, "bail these guys out now," the germans are saying, "if we're gonna bail them out, we wanna fix the political crisis." >> at the end of the day, europe and the eurozone face an existential question: can we become the united states of europe? >> in a democracy, agreement is not essential, but participation is. >> never before in our history have we been so interconnected with the rest of the world. >> foreign policy is actually not foreign. >> america has faced great hardship before and each time we have risen to the challenge. >> the ultimate test is to move our society from where it is to where it has
PBS
Jan 18, 2013 6:30pm PST
.5%, and a similar story for the euro stoxx 50. in new york, trading still under way for the dow jones industrial average, and it is not doing a lot. very little change. the euro trading for $1.3323. >> the chairman of a german steel producer has admitted to making mistakes, saying his supervisory board could have done better, but those mistakes have led to some huge losses for the company. >> the executive dick -- the executive is accused of failing to stop multi-billion dollar projects that went wrong. >> shareholders and employees are pointing the finger at the supervisory board chairman. they accuse him of failing to question bad board decisions. at the general meeting, he fought back, saying he has no intention of stepping down. >> if you ask me whether as a board we could have done things better, i will honestly say yes. we trusted people for too long. we could or should have acted sooner, but we did act once we saw what was going on if we had the appropriate facts, and we acted with resolve. >> hopes for the company's future lie with the new ceo. he fired three top executives last month af
PBS
Jan 21, 2013 6:30pm PST
is expected to be named the next head of the euro group later today. the former president is stepping down after eight years on the job. a man replacing him is virtually untested, but he is the only candidate for the job. >> the dutch finance minister looks set to take on an extra job. he has only just become a minister in his own country but he emerged as the candidate from a small country that is a proponent of unpopular budgeting. >> there seems to be a few basis, a new basis for trust, and we have to work to enhance it and strengthen it and to build new growth in jobs on that basis of trust. that is as short as i can say of what needs to be done in the euro group. >> goodbye to the head of the finance minister since 2005. he spent most of his time deal width democratic crisis and says he is eager to understand that over to somebody else. but apart from designating a new head little else of substance is on the agenda. tell leave a pressing decision on a bail out for cyprus until after elections there. >> since i heard the president has ruled out every form of privatization, i am in a b
KCSMMHZ
Jan 3, 2013 2:30pm PST
york where the dow jones is down just slightly. the euro trading down as well. $1.3338. one crucial factor remains fairly strong, the labor market. the picture is mixed. >> germany and the with more people working than ever before, but more people are also looking for a job. figures showing unemployment rose slightly for the ninth month in a row. >> the line's growing in the final months of 2012. many companies are feeling the heat from the eurozone debt crisis and are choosing to cut their work forces instead of taking on new staff. in december, a total of 2.8 million people were unemployed in germany. that was 88,000 more than in november pushing the unemployment rate up to 6.7%. 2012 was a good year for the german labour market. on average, 3 million people were out of a job and the lowest number since reunification. experts say the markets will remain stable throughout 2013. >> if we take the economic data as a basis and we try to predict what could happen in 2013, then we see, on average, are round 2.9 million people will be unemployed. as far as employment is concerned. high n
KCSMMHZ
Jan 10, 2013 2:30pm PST
to ease terms on its multi-billion euro bailout loan. the irish prime minister has told eu officials that solving his country's debt crisis is his top priority. >> the eu commission president was in dublin on thursday for a meeting to coincide with ireland taking over the rotating presidency. he also praised the irish government's efforts to bring its debt down. >> the irish prime minister and his deputy are looking ahead to six months at the helm of europe. it is a chance to tout ireland as proof that the u.'s reforms for the debt crisis can work. >> economic growth was stronger than expected at the end of last year. the deficit is lower than predicted. >> the irish government itself is confident. it aims to use its experience to help the e you find a way out of the current crisis. >> obviously, the president and his team are very conscious of ireland's own recovery story. we will work very diligently and energetically in terms of our agenda. >> ireland's first task will be to forge compromise on the eu budget in february. other priorities are boosting growth and progress toward an
KCSMMHZ
Jan 11, 2013 2:30pm PST
spending millions on their campaigns. his people are young and the international and they are not as euro-skeptic as the majority of czechs. >> i'm afraid of many. the european union is doing now. his opinions are a bit more extreme. >> many people seem to be taking his licks in stride or even liking them. as before voting began, their orders to beating up campaign newspapers in the cafes. >> i'm not sure if this is the right guy for a presidency, but he is an interesting one. >> while he attracts all the media attention, there's little interest in the front runners, like the conservative former prime minister who also once headed the office of statistics. we asked the foreign minister if they oppose the establishment. >> i think they are fed up with politicians. >> it is that sentiment that has gotten him this far in the campaign. commentators have called him a potential king-maker. he is not a politician. his latest opera recently premiered and it is a science fiction work in which amphibian's take over the world. they are too clever for the human. they will show that they can also be c
LINKTV
Jan 21, 2013 2:00pm PST
with a crisis on his plate. the dutch finance minister is expected to be named the next head of the euro group later today. the former president is stepping down after eight years on the job. a man replacing him is virtually untested, but he is the only candidate for the job. >> the dutch finance minister looks set to take on an extra job. he has only just become a minister in his own country but he emerged as the candidate from a small country that is a proponent of unpopular budgeting. >> there seems to be a few basis, a new basis for trust, and we have to work to enhance it and strengthen it and to build new growth in jobs on that basis of trust. that is as short as i can say of what needs to be done in the euro group. >> goodbye to the head of the finance minister since 2005. he spent most of his time deal width democratic crisis and says he is eager to understand that over to somebody else. but apart from designating a new head little else of substance is on the agenda. tell leave a pressing decision on a bail out for cyprus until after elections there. >> since i heard the president has
CSPAN
Jan 28, 2013 7:00am EST
with the ecb to make sure that the euro got through this problem. i was designated to ask you about the banking union. and at that point he was there optimistic. he thought the banking union could be worked on, in place in the first quarter of this year. well, now they've moved it to the first quarter hopefully in 2014 and you still have argument somehow it is going to be done. so you need to put a timeline on this and then you've got to adhere to it. but to get the banking system back with similar regulations throughout the eurozone is absolutelabsolutel absolutely necessary. it is key to the recovery of your. second of all is a plan that he talked about on july 26 in london last year. which is the outright monetary transaction, whereas the ecb would buy bonds from the country's in trouble, along with the european stability mechanism under certain conditions. in other words, certain conditionality. now, the ecb is going to put up that conditionality. they have enough on there. and so it will probably be international monetary fund, but they haven't really agreed what kind of conditionality the
PBS
Jan 24, 2013 6:30pm PST
. the problem is, of course, that he has euro skeptics breathing down his neck in britain in his own party, and i think he is banking on germany and france in particular wanting very much to keep britain in the club, which, of course, they do, but i think he may be puckering too high. the german business community reacted in a very still a way to the threat of but leaving, saying that the german economy would be able to cope with that, though it would of course regret it. even more important, perhaps, the united states reacted very negatively. the relationship between britain and the united states has been the mainstay of british foreign policy for more than a century. yesterday, a member of the state department said that if britain were to leave the european union, that would seriously damage the special relationship between washington and london. >> thank you very much. >> to washington now where u.s. senator john kerry is president obama's choice for the next secretary of state. he has been quizzed by senators ahead of his recommendation. >> the issues like climate change and fighting d
PBS
Jan 29, 2013 6:30pm PST
more than 90 billion euros back into greece, spain, and portugal in the final quarter of 2012. that is a jump of 9%. the european central bank president has vowed to save the euro at any price. it is thought to have boosted investor confidence. well, here in germany, consumers are becoming increasingly confident about the future, and as a result, they are spending more money. most importantly, they are spending on big-ticket items and long-term investments like real estate. the record rise in consumer sentiment came after three straight months of decline. >> the latest survey, expectations of higher incomes and declining worries. domestic consumption has been playing a central role. >> germany's traditional -- traditionally known as a nation of savers, but right now, people love to spend. the labor market is robust, financial markets stable, and many consumers feel it is the right time to make big purchases like a new home. that is according to the latest survey of consumer analyst, gfk. respondents have given the overall economic outlook a big thumbs up. >> expectations for t
PBS
Jan 30, 2013 6:30pm PST
, international donors have pledged more than 1 billion euros for those displaced by the civil war in the country. united nations secretary general said the fund raising goal had been exceeded. >> representatives from nearly 60 countries met in kuwait to examine how to help with the millions of people who have fled the fighting within syria and the 700,000 who are refugees in neighboring countries. the french military advance against islamist fighters in northern mali continues to make rapid progress. emma the troops have taken control of the airport over the weekend. virtually unopposed, the -- two other cities of the weekend. the french are now negotiating with tuareg rebels, who say they have control. >> onto economic news, and financial markets have been on the rise these past few weeks as hopes have grown that the worst of the year of crisis has passed. today in spain, there's a reminder that things are very bad still for millions of people. revenue figures show spain sank even deeper into recession in the final quarter of last year with the economy contracting faster than ever. more than on
KCSMMHZ
Jan 7, 2013 2:30pm PST
the revised opening date of october this year. over one billion euros more could be needed for the project. it was one disaster to many for klaus wowereit. after a crisis meeting, the mayor of berlin resigned from his post. he has come to represent the continued failure of a project which has been delayed yet again. wowereit not give any information about when the airport will finally be open for business. >> a new deadline cannot be given at the moment, as we have made clear. it will be considered by the supervisory board. work on that will be continued as before, but further steps need to be taken before a new deadline can be given. >> the board has reportedly known about the delay for weeks. wowereit's opponents are not happy about that. some say it is time for him to go. >> at this point, it must be said that klaus wowereit is no longer fit for the job, especially if it is true that he left the public in the dark for weeks, leading as a -- leaving us a disaster that will cost hundreds of billions of euros or more. >> beyond 2014, there is little indication when the new hub might open i
LINKTV
Jan 7, 2013 2:00pm PST
opening date of october this year. over one billion euros more could be needed for the project. it was one disaster to many for klaus wowereit. after a crisis meeting, the mayor of berlin resigned from his post. he has come to represent the continued failure of a project which has been delayed yet again. wowereit not give any information about when the airport will finally be open for business. >> a new deadline cannot be given at the moment, as we have made clear. it will be considered by the supervisory board. work on that will be continued as before, but further steps need to be taken before a new deadline can be given. >> the board has reportedly known about the delay for weeks. wowereit's opponents are not happy about that. some say it is time for him to go. >> at this point, it must be said that klaus wowereit is no longer fit for the job, especially if it is true that he left the public in the dark for weeks, leading as a -- leaving us a disaster that will cost hundreds of billions of euros or more. >> beyond 2014, there is little indication when the new hub might open its doors. >>
CNBC
Jan 25, 2013 4:00am EST
stronger than expected. it rose in january, current conditions 108 versus the expectations of 107. euro/dollar is about 1% higher on the back of that news. the ifo institute, current conditions, 108. headline index, 104.2 versus 103. ross, what do you make of it? >> well, you can see what's going on with the euro there, 134. let's get more from finland. good to see you, alex. thanks indeed for joining us. the defense here that we're no longer in crisis fighting mode, the question as we look at data in germany, the question is whether we've made a fundamental turn, a fundamental change and whether things are temporary. >> i certainly hope we've made a fundamental turn. if this crisis is 100 steps, i'd say we are about 60 steps down the road. now, really, we have the fundamental institutional things in place. so that has calmed down the markets. what we now need is political stability. i think the italian election is one thing and the second thing we need in europe more than anything else is -- >> yeah. we thought stabilizing the crisis in terms of the bond spreads playing out was hard. g
PBS
Jan 23, 2013 6:30pm PST
in east london, the euro cafe is serving up british toast and italian coffee, and the patrons are discussing the european question. >> we should be allowed a say at some point. >> we are definitely part of europe, and i think we will be too small outside of europe. >> but not all londoners are as pro-eu as those in the euro cafe. >> we definitely need to renegotiate our position. it certainly detracts from what we could contribute to our own economy, which is sorely needed. >> i know we can still means -- retain a relationship with our members without necessarily the party. m a cameron's position is one of a strong britain in a more relaxed european alliance, and he says that is something he will fight for. >> david heyman is making his own position very difficult. britain's fate will hinge on its european partners. -- david cameron is making his own position very difficult. if they do not agree, britain is headed toward the exit door, and this is something the prime minister does not want at all. >> cameron's speech has been troubled for months, and battle lines are already b
PBS
Jan 9, 2013 6:30pm PST
the atlantic on wall street this hour, let's check that out -- up 5.4%. the euro trading down just a tad against the greenback at a value of $1.3056. peugot says sales dropped last year. the automaker was hit by a drop in demand in europe where it sells about 2/3 of its cars. >> sales across the continent have slid as the eurozone crisis deepens, especially in spain and in italy. the company says it will intensify investment outside of europe and is aiming for half of its sales to come from overseas within two years. >> coming up, scientists are warning that the united states is facing severe drought for years to come. >> first, let's take a look at other stories making headlines right now. >> the government of the central african republic has begun meeting with rebels. officials say the negotiations are centering on the revision of a peace agreement signed back in 2007. the various rebel groups say they want to the president to resign. >> each of its president has been meeting with leaders of various palestinian factions. later, he met with the hamas leader. morsi is pushing for a recon
LINKTV
Jan 9, 2013 2:00pm PST
this hour, let's check that out -- up 5.4%. the euro trading down just a tad against the greenback at a value of $1.3056. peugot says sales dropped last year. the automaker was hit by a drop in demand in europe where it sells about 2/3 of its cars. >> sales across the continent have slid as the eurozone crisis deepens, especially in spain and in italy. the company says it will intensify investment outside of europe and is aiming for half of its sales to come from overseas within two years. >> coming up, scientists are warning that the united states is facing severe drought for years to come. >> first, let's take a look at other stories making headlines right now. >> the government of the central african republic has begun meeting with rebels. officials say the negotiations are centering on the revision of a peace agreement signed back in 2007. the various rebel groups say they want to the president to resign. >> each of its president has been meeting with leaders of various palestinian factions. later, he met with the hamas leader. morsi is pushing for a reconciliation 20 two group
CNBC
Jan 30, 2013 4:00am EST
of the most indebted regions asking madrid for more than nine million euros. >>> roche strides lower after posting solid earnings on strong sales of its cancer medicine. analysts warn about the loss of exclusive rights to a key chemotherapy drug. >>> game over for super mario and friend to turn a profit. nintendo unexpectedly swings to its full-year forecast to a loss showing a poor uptake for its wii u consoles. >>> see you in september. australia's prime minister sets a surprise election date saying it will create certainty for business. >>> okay. welcome to today's program. and you know, we spent all that time waiting for five. today it's about the ten. >> how long did it take you to come up with that? >> about ten seconds ago. >> very good. we're talking about mobile phones. >> yeah. >> do you think people can guess we're talking about the iphone 5. you're waiting for 5. >> you'll about the 10, ladies and gentlemen, blackberry 10. is it the rim lazarus move? >> we saw stocks get whacked yesterday. >>> in corporate news, a couple of things to keep an eye on in markets. the italian oil c
PBS
Jan 25, 2013 6:30pm PST
to the 93 million euros of aid it has already sent, both to help mali and neighboring countries like niger where tens of thousands of people have already taken refuge. >> moving to the czech republic and our voting has begun to let the country's new president. around 8 million voters are choosing between two candidates. the foreign minister, the heir to one of central europe's wealthiest aristocratic families. >> he is taking on the former prime minister, to replace the current president. the vote is the country's first direct presidential election with a final day of voting on saturday. the russian parliament has given its initial backing today to a bill that would ban what it calls homosexual propaganda. >> critics say the bill could lead to gay people being fined for demonstrating or even kissing in public. >> there were skirmishes ahead of the parliamentary vote. orthodox activists disrupted a protest by gay rights campaigners before it had even started. demonstrators against the bill say are just fighting for civil rights. >> i am liberal. i am for freedom for all. for gay people and
PBS
Jan 28, 2013 6:30pm PST
. investigators are saying that the bank manipulated the euro bor. it influences interest rates from everything on home mortgages to car loans. deutsche bank is under investigation for manipulating the libor, the more widely used london interbank interest rate. the dax finished within striking distance of two-year highs. our correspondent sent us this summary of the first trading day of the week. it is yet another unfavorable --, it is yet another unfavorable -- >> it is yet another unfavorable report about an investigation into deutsche bank. penalties could be hefty. still, people are quite relaxed. deutsche bank going up for the day. the trading day was relatively quiet and relaxed, but the level remains high. that high level is part of the reason why boom this bank -- the bundesbank says that germans are richer than ever before. half of the wealth -- the growth in wealth was attributable to the enormous rise in share prices. >> the dax finished down by 1/3 of 1%. the euro stoxx 50 pretty much flat. the dow trading down just slightly. the euro trading at a value of 1.3452. well, who is going
KCSMMHZ
Jan 2, 2013 2:30pm PST
. equities worldwide joined in the rally. european shares hit a 20-month high. check out the euro stoxx 50. the dow jones is lapping up the attention. the euro is trading down at the moment. >> now to other news, portuguese -- the president of portugal has asked the country's constitutional court to review the government's disputed budget for this year. he said he was concerned about whether it fairly distributes the burdens of portugal's economic reforms. it includes tax increases and welfare cuts. he signed the budget, despite opposition. he said that was to avoid harming the country's economy. >> the economic exports and the chancellor have warned about of times ahead. when you look at the nation's unemployment, the picture looks pretty good. >> 2012 ended with more people working than ever before, and that after six years of consecutive games. >> the number of people in worked in germany is higher than ever, despite soaring unemployment in many other european countries. new figures show a stable german job market. the number of employed has been rising steadily. in 2012, 41.5 million p
KCSMMHZ
Jan 8, 2013 2:30pm PST
late in 2012. german companies sold over one trillion euros worth of goods and services by november. that is 4% of on the year before. however, that growth has slowed significantly. in recent months, analysts are blaming weak demand from the eurozone. germany is, of course, one of the world's top exporters. exporters account for almost half of germany's gdp. investors reacted negatively to the deteriorating export situation snuffing out a rally in frankfurt and sending the dax to a - close. our correspondence sent us this summary of the day's trading action from the frankfurt stock exchange. >> a few aspects of the export numbers from germany were well received on the trading floor. for example, the news that demand from other eurozone countries seems to have stabilized. of course, that was not enough to really lift the markets here. investors are a bit hesitant ahead of the earnings report season, and ahead of a meeting of the european central bank's council here in frankfurt this thursday. good news for the eurozone came in for the money markets. the permanent euro rescue fund auc
KCSMMHZ
Jan 14, 2013 2:30pm PST
. it was a mixed bag. the dax slightly ekes out a gain, about 2/10 of 1%. the euro stoxx 50 was lower. the dow jones industrial average is treading water at 13,509. the euro is dire 0-- higher. the german social democrats are hoping to turn around their falling support in opinion polls by announcing a plan to crack down on income tax evasion by higher earners. the party is planning to make the issue a top campaign topic in the national elections that are taking place letter -- later this year. >> they have been meeting and they and build that plant, which even some inside the party say will not raise -- been meeting and they unveiled that plan, which even some inside the party say will not raise support. >> the social democrat challenger for chancellor says this must stop. >> if the vast majority of german taxpayers feel as if they are the stupid ones for being honest about paying taxes, it begs the question how just is the system in this country. >> the social democrats are calling for a number of measures, including rescinding the licenses of banks accused of systematically helping tax dodge
KCSMMHZ
Jan 15, 2013 2:00am PST
republic, so the czech republic is investing some 100 million euros to install phase shifters on the german border. they regulate the current. then, when too much current surges over from germany, the chip grid can simply turn it off, even if that blows some fuses in germany. >> 2013 is a so-called super election-year in austria, meaning that voters will go to the polls several times. regional parliaments are due to be elected in four of the country's states this spring, followed by the national election of the federal parliament this autumn. it will not be an easy campaign for the traditional parties. they face competition from a political newcomer. some austrian politicians are reminded of a time in the early 1990's when a man came from the far right and meddled with the traditional austrian political landscape. he died four years ago, and his party has since lost some of its significance, but some former supporters have now found a new political home with a new party. >> he who has the gold makes the rules -- that was the model used when introducing the party in the timber. he was born i
KCSMMHZ
Jan 31, 2013 2:30pm PST
banking giant as it post more than 2 billion euros in quarterly losses. >> and tornadoes batter six u.s. states in the southeast of the country. >> syria has summoned the head of the united nations mission in israeli-occupied territory. the issue is an israeli air raid on what syrian officials say was a military research center near damascus. >> the arab league has also condemned the strike, but the actual target is still not exactly clear. some reports suggest a weapons convoy believe to be carrying russian-made anti-aircraft missiles from syria into lebanon. >> we will speak to an expert on the region later. first, this report. >> the israeli government has not issued any statement, but national papers are full of the news. u.s. officials say the raid targeted a weapons convoy headed for members of hezbollah, an ally of the syrian president. but the syrian government denied the existence of the vehicles, saying the israeli planes bombed a research center near damascus. russia says the facts are not yet clear but adds that any air strike would be completely unacceptable. >> we are an
KICU
Jan 1, 2013 4:00am PST
of the euro? > > to continue my optimism- > > absolutely. > > i thought last year was the death of the euro. > > it's a soap opera. it goes on. > > it was the year before, and it was the year before that. > > the euro is absolutely going down. we do not have anything solved i think. germany just keeps giving them money. at some point, germany is going to say, "hey, you are my child. grow up. you can't have any more money. sorry. you're out on your own." your child is going to turn 18 or 21, and they are going to say, "sorry, you don't get any more money." germany goes, "you're done." i am looking for the euro to get above this $1.32 level- > > down to $1.20. > > -push to $1.36 here in the near-term. so it's still got a lot of power left. > all right, round three: sector spector. which sector will outpace the market action in 2013? > > i want to go after some value and look at some certain sectors that have beaten down and are out of favor. i am going to say it right now: coal, steel, things of that nature. > > alan is into this belief that china is not slowing and that they actually come up
Search Results 0 to 49 of about 120 (some duplicates have been removed)